IDBI Q3 net up 33%

Industrial Development Bank of India (IDBI) today reported a 33.47% increase in net profit at Rs 62.13 crore for the third quarter ended December 31, 2004 as against Rs 46.55 crore in Q3FY04.

According to a release issued to the BSE today, total income declined to Rs 1,259.08 crore from Rs 1,664.32 crore in the quarter ended December 31, 2003.